Profit By Skipping Out, 11

Yesterday (July 24, 2006 article entitled "Profit By Skipping Out, 10"), you discovered that a clue to the biggest source of trading Loss (and wins) was in your wallet. Today, I’ll elaborate on that.

Let’s begin with your body. Would you drive a car if you were impaired with alcohol? Why not? Because it’s dangerous to do so when impaired!

Then would you agree that it’s dangerous to trade when you are impaired due to:

Fatigue
Illness
Medication that induces drowsiness
Hunger
Discomfort from your usual chair
Room temperature being too hot or too cold
Vision problems (0 looks like 8 or vice versa)

Physical impairment due to the foregoing and other reasons would be dangerous to your trading account. They increase the likelihood of trading loss. So increase your profits by skipping out when your body is not in a peak state for trading due to such impairment.

Remember

Net Trading Profits = Wins – Losses – Costs

Speaking of skipping out, I have a matter that I have to attend to for the next several days. Therefore, I will be skipping out on blogging for a few days or possibly blogging only intermittently between today and August 1, 2006.

We'll chat again soon ...

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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